Aug 1, 2021
The container ferry Seaspan Reliant passing Nanaimo, British Columbia, Canada, on its way from Duke Point to the Seaspan Terminal at Tilbury on the Fraser River.
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The container ferry Seaspan Reliant passing Nanaimo, British Columbia, Canada, on its way from Duke Point to the Seaspan Terminal at Tilbury on the Fraser River.
Seaspan Royal towing the self-dumping log barge Seaspan Hercules III. Photo by Robert Etchell circa 2020
The estate of billionaire Dennis Washington on Stuart Island, British Columbia, Canada, features a nine-hole golf course. The Washington family owns a number of companies in Canada and the US including Seaspan ULC.
Enjoy Daily Facebook Live Content While We are Closed! SEA what we're up to.
The Florida Aquarium has daily, fun SeaSpan videos if you need something to perk up your day.
• The Shipyards • Lonsdale Quay, North Vancouver • • • • • #cargoship #seaspan #forester #fog #waterfront #rejuvenation #cityplanning #urbanlandscapes #citybuilding #cityscape #northvancouver #lonsdale #vancouver #yvr #vancity #beautifulbc #explorebc #canada #everyday #winter #westcoast #bestcoast #shipyards #pier #lonsdalequay #photo #port #mobilephotography #shotoniphone #iphotography (at Lonsdale Pier North shore) https://www.instagram.com/p/B8eWUPsArsx/?igshid=ypl9zxkicmn6
Fun day on the high seas but you have to be a quick draw!! #seaspan with (at Fort Lauderdale, Florida) https://www.instagram.com/p/BtZyLnnngEl/?utm_source=ig_tumblr_share&igshid=1v1xrrpzva7m4
Seaspan’s Unencumbered Vessel Pool Increased to 32 Ships
Upon completion of the collateral release documentation in respect of this facility and the facility prepaid in November 2018, Seaspan’s pool of unencumbered vessels has been expanded to 32 ships.
“In line with our corporate goals, Seaspan continues to reduce leverage and streamline its capital structure, which will enhance our balance sheet flexibility going forward,” Ryan Courson, Chief Financial Officer of Seaspan, commented.
The unencumbered asset pool includes fourteen 4,250 TEU ships, ten 2,500 TEU ships, two 3,500 TEU, two 8,500 TEU, two 9,600 TEU, and two 10,000 TEU box ships.
The announcement is being made on the heels of Fairfax’s closure of the second tranche of its USD 1 billion investment in Seaspan.
With the closing of the second investment, Fairfax’s aggregate shareholdings in Seaspan are 76.9 million Class A common shares or 36% of shares outstanding.
Press Releases: Seaspan Corporation
Photo Courtesy: Unsplash/Cameron Venti
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